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322 S Walnut , Steele, MO 63877

$249,900

Looking to open restaurant or expand your business? This commercial property is ready for its next success story. Previously operating as a restaurant, this property offers the perfect setup for food service or a variety of business opportunities. Prime commercial space established restaurant layout and great visibility for customers. Whether you're launching a new restaurant, cafe, catering business, or retail concept, this property provides the space and opportunity to make it happen. This isn't just a building-it's your business, your investment, your next big move. Features: 4600 sq ft restaurant space, commercial kitchen with new, high-grade appliances, 2 bathrooms, and priced UNDER APPRAISAL - instant equity opportunity! Opportunities like this don't last long. If you've been dreaming of opening a restaurant, catering hub, or investment property, this is it.

Highlights

  • Commercial Sale
  • 248 days on Market

  • Construction Materials
    Metal Siding

  • County
    Pemiscot
  • City
    Steele
  • Neighborhood
    N/A
  • Zip Code
    63877

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Frequently Asked Questions

How do I schedule a tour of 322 S Walnut?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 322 S Walnut.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 322 S Walnut?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $249,900. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Steele, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 322 S Walnut?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 322 S Walnut at around $1,422. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 322 S Walnut?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Pemiscot County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 322 S Walnut?

In most cases, yes. Whether 322 S Walnut is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Steele's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 322 S Walnut?

We can handle that for you. Our preferred local agent specializes in commercial sales in Steele and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

322 S Walnut was listed on March 07, 2026, which means it's been on the market for 248 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

Is 322 S Walnut still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 11:41AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26013171